Tag Archives: News Brief

The other real estate company named Rex just laid off 4% of its staff

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The Texas-based firm does property management and provides a variety of tech platforms. The layoffs come amid widespread job losses in the real estate sector. Continue reading →

Collabra debuts market analytics and video tool, Market Spotlight

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The tool, which is part of Collabra’s RElumio digital marketing platform, is designed to incorporate market data into listing videos with minimal effort — an industry 1st, the company says. Continue reading →

Nester unites nerds and contractors, lifts curtain on housing costs

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Nester’s model is yet another great example of how real estate market and consumer services data can coalesce to improve how homebuyers and homesellers respond to the market. Continue reading →

In 3 months, spending on new home construction fell by 9%

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August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436 billion, a 2.9 percent fall from July, according to U.S. Census Bureau data released Monday. Continue reading →

Massachusetts broker gets 2.5 years for $1.8M homebuyer scheme

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The U.S. District Court of Massachusetts sentenced broker Michael Flavin to 30 months in federal prison for manipulating homebuyers into signing $1.8 million in fraudulent contracts, according to The Real Deal on Sunday. Continue reading →

BidMyListing secures $15M in additional funding, $20M to date

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The company provides a conduit for real estate agents to bid money upfront for the opportunity to list properties. Funds provided will go to general growth initiatives, according to a statement. Continue reading →

Los Angeles real estate developer arrested in murder-for-hire plot

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L.A.-based developer Arthur Aslanian has been arrested for attempting to hire a hit man to kill a banker and an attorney that he collectively owed about $3.25 million, the Los Angeles Times reported on Friday. Continue reading →

MoveEasy’s latest update makes the livin’ easy

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MoveEasy is not just a list of area phone numbers and vendor websites, it’s fully integrated as a reseller of utilities, security system providers, landscapers, internet providers and pretty much everything a person needs to ensure a smooth move. Continue reading →

Divvy Homes slashes 12% of staff as rates continue to climb

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The company, valued at $2 billion as of August 2021, has reduced its employee count by 40 people, the latest in a run of real estate companies that have enacted layoffs. Continue reading →